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Marathon | Kenai LNG Terminal

USA
Announced,Suspended

Overview

Status
-
Announced,Suspended
Region
-
North America
Geography
-
USA
State
-
Alaska
Equity Owner
-
Marathon Petroleum
Proponent
-
Marathon Petroleum
Output
-
LNG
Type of electricty
-
Capacity
-
Financing
-
Technology
-
Export facility
Import facility
Re-gasification
Technical Advisors
-
Advisors
-
Project Contact
-
Bruce Jackman, general manager of the Kenai refinery; David Heppner, senior vice president of Marathon’s Strategy and Business Development organization
Lawyers
-
Project Cost
-
Offtaker
-
Commercial Operations Date
-
Decommission Date
-
FID
-

Description

The Kenai LNG facility exported LNG until 2015. It was mothballed in 2017.

In October 2023, Marathon Petroleum announced it was evaluating strategic options for the facility. The options include the advancement of an LNG import conversion project authorized by the FERC, along with a possible second-phase, larger-scale LNG import and re-gasification facility. In 2020, the Federal Energy Regulatory Commission authorized modifying the facility for LNG import operations.

 


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